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Southern Cross Gold Consolidated Ltd. Chees Depository Interest Repr 1 shs ( (AU:SX2) ) just unveiled an update.
Southern Cross Gold Consolidated Ltd has issued 175,000 new CHESS Depository Interests (CDIs), representing a beneficial interest in the company’s fully paid common shares, at an issue price of A$0.87 per CDI. This issuance, which did not require disclosure to investors under the Corporations Act, reflects the company’s compliance with relevant sections of the Act, potentially enhancing its capital structure and market presence.
The most recent analyst rating on (AU:SX2) stock is a Hold with a A$6.10 price target. To see the full list of analyst forecasts on Southern Cross Gold Consolidated Ltd. Chees Depository Interest Repr 1 shs stock, see the AU:SX2 Stock Forecast page.
More about Southern Cross Gold Consolidated Ltd. Chees Depository Interest Repr 1 shs
Southern Cross Gold Consolidated Ltd operates in the mining industry, focusing on the exploration and development of gold resources. The company is listed on the TSX Venture Exchange and the Australian Securities Exchange, indicating a market focus in both Canada and Australia.
Average Trading Volume: 600,174
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$2.29B
For an in-depth examination of SX2 stock, go to TipRanks’ Overview page.